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495 W University Pky
4,800 SF of Office Space Available in Orem, UT 84058
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HIGHLIGHTS
- Prime University Parkway location
- Easy access to transit.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
Space | Size | Term | Rental Rate | Rent Type | ||
2nd Floor, Ste 200 | 4,800 SF | Negotiable | $40.50 CAD/SF/YR $3.38 CAD/SF/MO $194,410 CAD/YR $16,201 CAD/MO | Triple Net (NNN) |
2nd Floor, Ste 200
Main Level Reception 7 Private Offices 1 Executive Office 1 Conference Room Bullpen Area Podcast Room
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- 8 Private Offices
- 1 Conference Room
- Space is in Excellent Condition
- Highway access, Starbucks
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
PROPERTY FACTS FOR 495 W UNIVERSITY PKY , OREM, UT 84058
Total Space Available | 4,800 SF | Gross Leasable Area | 8,552 SF |
Property Type | Retail | Year Built | 1998 |
Property Subtype | Storefront Retail/Office | Parking Ratio | 10/1,000 SF |
Total Space Available | 4,800 SF |
Property Type | Retail |
Property Subtype | Storefront Retail/Office |
Gross Leasable Area | 8,552 SF |
Year Built | 1998 |
Parking Ratio | 10/1,000 SF |
ABOUT THE PROPERTY
Discover a prime office space at 495 W University Parkway in Orem, Utah. This 4,800 SF office offers a modern, professional environment with easy access to major highways and local amenities. Ideal for growing businesses, the space features ample room for expansion and customizable layouts. With high visibility and a strategic location, it's the perfect spot to establish your business.
- Bus Line
- Dedicated Turn Lane
- Signage
NEARBY MAJOR RETAILERS
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Presented by
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495 W University Pky
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